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Which of the following uses of tax revenues collected by the government leads to increased capital deepening?
a. Builing roads
b. Increased foreign aid
c. Medicare payments
d. Social security payments
Suppose that U.S. government actively uses the fiscal policy to fight against recession and rising unemployment. To incorporate this behavior of government into the model, let’s assume that the government spending equation is given by where 0. Assume..
Alexander Hamilton and John Marshall were both leading Federalists. How do the views expressed by Marshall in the Supreme Court decision Mar bury v. Madison and those expressed by Hamilton in his opinion regarding the constitutionality of the nationa..
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In the past year, the price of dry-cleaning solvent doubled. More than 4000 dry cleaners across the country disappeared as budget-conscious consumers cut back. This year the price of hangers used by dry cleaners is expected to double. Explain the eff..
If a $24 per share stock has a P/E ratio of 20 and pays out 40% of its profits in dividends, how large is its dividends? Also what is the implied rate of return?
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Why did Japan's export based economic groth stall in the period 1990-2012? In particular, focus on the differences between the modern
If ABC adds an assembly line for the product and XYZ does not follow with a competitive product.
Your FICO score makes a big difference in how lenders determine what interest rate to charge you. Consider the situation faced by Edward and Jorge.
A factory is located next to a farmer, and sometimes emits pollution that damages the farmer’s crops that are adjacent to the factory. The crop damage can be reduced if the factory installs a scrubber, if the farmer moves her crops, or both. The foll..
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